Alexas_Fotos / Pixabay
Today TaxMama® hears from Greg in the TaxQuips Forum with a very common divorce issue. Let me paraphrase. “We got divorced. My wife and child stayed in our home. I made the payments. Now, when we want to ... Read More
TaxMama’s Tax Roundtable is a monthly live discussion open to all TaxMama Family Members and above, and all TaxMama’s EA Exam and Solving the Tax Puzzle Students.
Please mark your calendars! It meets at 8:05 am PACIFIC on the third or ... Read More
stevepb / Pixabay
Good news! This year we get a few extra days to file our tax returns – until April 18th (19th in MA and MN).
But what’s if you’re just not ready?
Relax. File an extension – no excuses needed.
You get ... Read More
stevepb / Pixabay
Today TaxMama® wants to bring wasted refunds to your attention. The IRS keeps sending out announcements that refunds are expiring. People keep ignoring those announcements, thinking that this doesn't apply to them.
(more…) ... Read More
TaxMama® and Ken Jeffries interview:
LISTEN TO PODCAST:
Ken: It’s TaxQuips Time from TaxMama.com . Today TaxMama covers deductible mileage.
What kinds of mileage are deductible by individuals and businesses?
TaxMama: Actually, there are four ways to take advantage of vehicle-related deductions:
... Read More
Today’s TaxQuip is sponsored by X-Acto electric pencil sharpeners.
As you might have guessed, my favorite classes in school were my English classes, where we got to write compositions, essays, analyze newspaper articles and editorials. The best teachers I knew were ... Read More
A first home?
Today TaxMama® hears from Emily in the TaxQuips Forum with an excellent question. “I’m 35 years old and taking money out of an IRA for a down payment on my house. I am not a first time homebuyer ... Read More
Today TaxMama® hears from Jeff in the TaxQuips Forum with a very common type of problem. Let me paraphrase.
“My wife had a traditional IRA at Vanguard and we rolled it over to another company where I set up the account ... Read More
Today TaxMama® hears from Melissa in the TaxQuips Forum. “I was granted innocent spouse relief after my divorce in 2013. Yet when I filed my taxes this year, I didn’t get my refund and received no info on why; or ... Read More
When I started teaching the IRS Practice Series at CPE Link, I needed an easy way to prepare my pro-forma collections forms.
It was especially important to have a tool that would integrate the most current National Standards, exclusions from assets, ... Read More